Bridge collapse in Baltimore

The Francis Scott Key Bridge that spans the Patapsco River collapsed overnight after being struck by a containership operated by Maersk Line. The collapse occurred after the container ship “Dali” lost power early Tuesday and crashed into the bridge, sending people and...

Red Sea Crisis Update from Hapag-Llyod

With the recent security incidents in mind, Hapag-Llyod has decided to continue to avoid the Red Sea route in the interest of the safety of our crew and their cargo. They have updated their schedules to reflect the Cape of Good Hope transit at the last port of...

EU’s Carbon Tax

Starting in 2024, all large vessels berthed on European shores will be subject to the ETS (carbon tax). The estimated carbon tax rates are attached (ETS EUROPE & ETS MEDITERRANEAN)....

Panama enters its annual dry season:

This year, the Panama Canal faces a more intense dry season than usual. While the dry season typically lasts from December to May, this time the reduced capacity due to the dry spell will force ships traveling between the Asia-Pacific and the U.S. East Coast to detour...